S Canal Dr & SE 18th Ave (Coordinates (use for Google Maps / marketing) 25.4689, -80.4576)
- Key Sale Highlights
- ±6.09-acre corner development site in Homestead
- Administrative approval for ±60-unit 55+ independent living community
- Dual frontage at S Canal Dr & SE 18th Ave
- Flexible development potential for townhouse residential product (subject to verification)
- Full permit set available: architectural, civil, structural, MEP
- Survey and due diligence package available upon request
- Strategic access to Florida Turnpike and US-1
- Strong surrounding residential and employment growth corridor
- Corner exposure enhancing design efficiency and visibility
- Ideal for developers seeking entitled, near-ready residential project
Property Description
Exceptional development opportunity at S Canal Dr & SE 18th Ave in Homestead. This ±6.09-acre corner parcel is administratively approved for a ±60-unit 55+ independent living community, offering a rare ready-to-execute project in a high-growth submarket. The site features dual frontage and strategic connectivity to US-1 and the Florida Turnpike, supporting strong accessibility and long-term demand drivers. In addition to the approved plans, the property presents flexibility for alternative residential configurations, including townhouse development, subject to buyer verification. With increasing demand for both age-restricted and workforce housing, this offering positions developers to capitalize on a supply-constrained market with a clear path to development.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Land/Development |
| Price: | $5,500,000 |
| Lot Size: | 6.09 Acres |
| Opportunity Zone: | No |
| Property Website | Click Here |
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